A massive $2.09 billion in Bitcoin (BTC) and Ethereum (ETH) options are set to expire today, potentially impacting market volatility. This comes after a crucial FOMC meeting and a high-profile Digital Asset Summit, keeping traders on edge.
Bitcoin & Ethereum Options Expiry Breakdown
📊 Bitcoin Options Expiry
🔹 Total Contracts: 21,596
🔹 Total Value: $1.826 billion
🔹 Max Pain Point: $85,000
🔹 Put-to-Call Ratio: 0.83 (bullish sentiment)
📊 Ethereum Options Expiry
🔹 Total Contracts: 133,447
🔹 Total Value: $264.46 million
🔹 Max Pain Point: $2,000
🔹 Put-to-Call Ratio: 0.62 (bullish sentiment)
💡 What is the Max Pain Point?
The max pain point is the price level at which the largest number of options contracts expire worthless, often influencing price movement towards these levels.
Market Impact: A Surge or a Slow Unwind?
🔍 Current Prices (Before Expiry)
🔹 BTC: $84,414
🔹 ETH: $1,977
🚀 Potential Scenarios
1️⃣ A Short-Term Push to $85K BTC & $2K ETH?
- Smart money in options trading often nudges prices toward the max pain point before expiry.
- BTC could climb slightly to $85,000, and ETH to $2,000 before the contracts expire.
2️⃣ Choppy Trading with a Dip Before a Recovery?
- Analysts expect volatility, especially after the FOMC’s decision to maintain interest rates.
- MicroStrategy’s potential BTC purchases and Trump-related developments could also drive swings.
- Traders anticipate a brief dip before the next leg up on Monday.
📉 Bitget CEO’s Bullish Take
🔹 Gracy Chen believes BTC won’t fall below $73K-$78K and could be on track for a long-term rally to $200K.
🔹 She points to the US potentially creating a strategic Bitcoin reserve as a key catalyst for institutional adoption.
What Should Traders Watch?
✅ Short-term Volatility: Expect price fluctuations around the max pain points.
✅ Key Resistance Levels: Watch for BTC at $85K and ETH at $2K—if they break, a move higher is possible.
✅ Post-Expiry Stability: Historically, markets tend to stabilize after options expirations.
✅ Macroeconomic Factors: Interest rate policies and institutional BTC movements could shape the next major move.
